How Can NCL Government Capital Help?
The procurement process really consist of two separate transactions, obtaining the item and sourcing the funding. Municipalities have a variety of funding requirements along with institutional constraints when doing so. As new equipment or projects are required, funds are not always available forcing projects to be phased, downsized or delayed. A process that usually results in additional incurred cost due to the rising cost of goods along with maintenance and downtime of current equipment.
Tax-exempt municipal financing allows local government entities to procure the necessary items they need to help their community prosper through manageable installment payments sourced from existing budgets. Since no new debt is formed and non-appropriation language is included, lengthy bond processes and voter approval is not required in most states saving you time and money.
At NCL Government Capital, our 20 plus years in the government space gives us the expertise to serve your needs and to be a trusted source for your procurement process. When you choose NCL, you benefit from our exclusive Sourcewell-awarded contract for financing along with the flexibility which allows us to offer benefits such as zero down requirements, deferred payments and terms up to 30 years on select items.
NCL Government Capital - Competitively-bid financial solutions
"Working with NCL Government Capital was a learning process for all of us. In the past our equipment purchases were limited to the funds we had on hand. We discovered financing opportunities that changed our traditional ways of thinking, which will open more doors for us in the future. NCL will be one of the first calls we make when the opportunity arises again." - Jane Blade, Finance Director, City of Alexandria
Benefits of Choosing NCL Financing
- No down payment required
- Quick credit approval
- Finance 100% of acquisition including soft cost
- NCL manages paperwork and vendor payment
Flexible Paymets & Increased Purchasing Power
- Increased purchasing power of 5-7X
- Payments align with budget calendar
- No buy-out or residual at end of term
- Defer payment up to 12 months
- Terms up to 30 years
Satisfies Bid Requirements
- Sourcewell awarded contract for financing
- Non-appropriation language included
- No voter approval required eliminating bond process (in most states)
- Saves time, money and headaches
Doing More With Less
Take a quick look at our flyer for further explanation on how NCL can be a powerful partner for your procurement needs and your community. We work with leading manufactures and vendors to provide you with a streamlined transaction that satisfies RFP and bid requirements.
Contact Our Team
Let one of our knowledgeable account executives go over the benefits of adding NCL Government Capital to your procurement process and learn how you can do more with less with our flexible, customized financing solutions. We look forward to hearing from you.
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